Economics Can someone help me understand how (suv 1) was = 0.15 and (SUV 2)= 0.86 Two sport utility vehicles (SUVS) are being considered by a recent engineering graduate. Using the following data evaluate which sport utility vehicle is better. Use six attributes in your analysis: price point, overall appearance, comfort, safety, reliability, and fuel mileage. Larger scores on overall appearance, comfort, safety, reliability, and fuel mileage are preferred to smaller ones. Click the icon to view the table with data you have gathered about the SUVS. Determine attribute weights and use the nondimensional scaling technique to find the resulting set of vehicle scores. Fill in the table below. (Round to two decimal places.) SUV 1 0.15 Which alternative should be chosen using the additive weighting technique? Choose the correct answer below. O Sport utility vehicle 1 Sport utility vehicle 2 Final score More Info Attribute Price Appearance Comfort Safety Reliability Fuel mileage Relative Rank 4 2 5 Alternatives 3 6 1 Alternatives SUV 1 $27,650 SUV 2 0.86 4 3 3 3 22 mpg SUV 2 $21,900 3 5 4 4 18 mpg - X

Economics Can someone help me understand how (suv 1) was = 0.15 and (SUV 2)= 0.86 Two sport utility vehicles (SUVS) are being considered by a recent engineering graduate. Using the following data evaluate which sport utility vehicle is better. Use six attributes in your analysis: price point, overall appearance, comfort, safety, reliability, and fuel mileage. Larger scores on overall appearance, comfort, safety, reliability, and fuel mileage are preferred to smaller ones. Click the icon to view the table with data you have gathered about the SUVS. Determine attribute weights and use the nondimensional scaling technique to find the resulting set of vehicle scores. Fill in the table below. (Round to two decimal places.) SUV 1 0.15 Which alternative should be chosen using the additive weighting technique? Choose the correct answer below. O Sport utility vehicle 1 Sport utility vehicle 2 Final score More Info Attribute Price Appearance Comfort Safety Reliability Fuel mileage Relative Rank 4 2 5 Alternatives 3 6 1 Alternatives SUV 1 $27,650 SUV 2 0.86 4 3 3 3 22 mpg SUV 2 $21,900 3 5 4 4 18 mpg - X

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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